BE 100 – Nation’s Largest Black Businesses

How familiar are you with the 100 largest Black-owned businesses in America? Known as the BE 100, this year marks the 38th annual report on these businesses by Black Enterprise magazine. There are five different categories including: Industrial/Service, Auto Dealers, Advertising Agencies, Banks, Asset Managers, Investment Banks, and Private Equity Firms.

Overall, in 2009 the BE 100 companies posted a 12.53% drop in revenues to $17.905 billion and a 5.47% decline in payroll to 67, 937 employees compared to a year earlier. It’s definitely a rough landscape, but there are opportunities available too. For example G&C Equipment Corp (no. 52 on the list with $75 million in revenues) expanded product lines and was revenue growth of 36.4%.